5040 Jefferson Street

Gary, IN 46408

$160,000
Price
4
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Investors.....fully rented duplex property. Monthly Rent brings in $1650/month and is below market rent. Tenants pay all utilities Two unit duplex features basements on both sides; 2nd floor on each side hosts 2 bedrooms and full bath; unit 5042 has an extra 3/4 bath and main floor laundry; nice sized living rooms and main floor flex room on each side. Building has been inspected and qualified for housing voucher participation and is professionally managed. Newer furnace and water heater...Attention Investors.....fully rented duplex property. Monthly Rent brings in $1650/month and is below market rent. Tenants pay all utilities Two unit duplex features basements on both sides; 2nd floor on each side hosts 2 bedrooms and full bath; unit 5042 has an extra 3/4 bath and main floor laundry; nice sized living rooms and main floor flex room on each side. Building has been inspected and qualified for housing voucher participation and is professionally managed. Newer furnace and water heater on 5040 side also has been completely renovated within last 2 years, large fenced in back yard, shed.
  1. Listed by Rebecca Olson • Listing Leaders Affiliated
    P: (219) 384-7957 C: (219) 384-7957 olbec1978@gmail.com

Property Details for 5040 Jefferson Street

Subdivision
Junedale Sub

Location

Listing Courtesy of Listing Leaders Affiliated
Add your commute
LISTING UPDATED: 04/05/2024 11:09 AM

Property Details for 5040 Jefferson Street

StatusActive
MLS #801141
Days on Market41
Taxes$2,450 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1942
Lot Size0.17 AC / 7,579 SF
CountyLake County

Location

Listing Courtesy of Listing Leaders Affiliated
Add your commute

Building Information for 5040 Jefferson Street

Stories-Residences2Year Built1942Building Size-Lot Size0.17 AC / 7,579 SF

Payment Calculator

$1,077 per month

30 year fixed, 7.25% Interest

Principal and Interest

$873

Property Taxes

$204

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5040 Jefferson Street

Summary
Location and General Information
  • City/Town: Gary
  • State: IN
  • Township: Calumet
  • ZIP: 46408
  • Latitude: 41.53
  • Longitude: -87.34
  • County: Lake
Taxes and HOA
  • Annual Tax Amount: $2,450.00
  • APN/Key #: 45-08-33-430-023.000-004
  • Tax Year: 2022
  • Tax Legal Description: JUNEDALE SUBDIV. BL.21 N.20FT OF LOT 23 & ALL LOT 24
Parking
  • Garage Description: On Street
Property
Lot Information
  • Lot Square Footage: 7,579.44
  • Acres: .17
Property and Assessments
  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Year Built: 1942
  • Lot Description: Front Yard
Utilities
  • Electric: 100 Amp Service
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Levels: Two
Interior Features
  • Appliances: None
  • Basement Type: Full
  • Basement: Yes
  • Total Full Baths: 2
  • Total 3/4 Baths: 1
  • Bedrooms: 4
  • Basement Sq Ft: 0.0
  • Cooling: None
  • Flooring: Hardwood
  • Heat Type: Central, Forced Air
  • Interior Features: None
Multi Family
Multi-Family Information
  • # of Units: 2
Rental
Rental Information
  • TenantPays: All Utilities

Property History for 5040 Jefferson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5040 Jefferson Street

This home is within Gary Community School Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Glen Park Academy For Excel In Lrn
PublicK to 5

Bailly Preparatory Academy
Public6 to 8

West Side Leadership Academy
Public9 to 12

Jacques Marquette Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5040 Jefferson Street is a multi-family home for sale in Gary, IN 46408. This property was listed for sale on March 21, 2024 by Listing Leaders Affiliated, it's currently listed at $160,000. This listing's school district is Gary Community School Corp. Nearby schools include Glen Park Academy For Excel In Lrn, Bailly Preparatory Academy and West Side Leadership Academy. 5040 Jefferson Street is a 4-bed, 3-bath, multi-family home built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Listing Leaders Affiliated

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS, Northwest Indiana REALTORS® Association Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association, Northwest Indiana REALTORS® AssociationSoutheastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.